National Insurance Academy (NIA), Pune, was established in 1980. NIA Pune offers the AICTE-approved PGDM course, which is accredited by the National Board of Accreditation (NBA) and granted equivalence to an MBA by AIU. In October 2023, NIA entered into an MOU with the African College of Insurance and Social Protection (ACISP), Tanzania, intending to establish a world-class modern facility to serve Africa in the fields of Insurance, Social Protection and allied fields. NIA, Pune received “Best Insurance Academy in India - Excellence Award For Training & Education In India” at Insurance & Fintech Summit, 2023.
Admission to the PGDM course will be based on the marks secured in CAT 2025/ CMAT 2026/ XAT 2026 and past academic records. The selection process will also include a Group Discussion and a Personal Interview, as well as a test of Knowledge of written English. The most popular course at NIA Pune is PGDM, with a total fee of INR 12 Lakhs.
NIA has a 100% placement record from the First Batch of 2010-12. The highest package offered to the students of batch 2023-25 was INR 20 LPA, and the Average package offered was INR 12.74 LPA. ICICI Lombard General Insurance Company, Tata AIG General Insurance Company, Aditya Birla Insurance Brokers, Swiss Re, Atos Syntel, and Reliance Industries Limited are some of the recruiters that visited the campus during the last placement season. The Alumni are working with reputed Multinational and Indian Reinsurance, Insurance Companies, Insurance Brokers, leading IT Companies & other industries both in India and abroad.
The PGDM program provided by NIA Pune matches the international standard, and the National Insurance Academy School of Management (NIASoM) has undergone complete syllabus restructuring under the supervision of Dr Prathap Oburai, the Director of INA.
NIA Pune Highlights
| National Insurance Academy, Pune | |
|---|---|
| Popular name | NIA Pune |
| Established year | 1980 |
| Director | Shri BC Patnaik |
| Location | Pune, Maharashtra |
| Courses offered | PGDM |
| Scholarship | YES on reserved category |
| Awards | CSR Excellence in Education Award & CSR Top Institute of India Award |
| Affiliated to | Government of India |
| Accredited By | NAAC, UGC |
| Approved By | AICTE |
| Facilities | Library, Computer Lab, Gymnasium, Sports, Healthcare Centre, Bank, Post office |
| Hostel facility | Yes Provided |
| Campus area | 32 Acres |
| Total faculties | 27 |
| Entrance Exam | MAT/XAT/CAT |
| Highest Package | INR 20 LPA |
| Average Package | INR 12.74 LPA |
| Median Package | INR 12.50 LPA |
| Recruiters | Howden, Global, Exide Life, Cognizant, Bajaj, Accenture, TATA, Syntel |

NIA Pune Important Dates 2026
NIA Pune offers admission to PGDM through CAT 2025 or XAT 2026, or CMAT 2026 entrance exams.
| Events | Dates |
|---|---|
| Last date to apply for PGDM | March 15, 2026 |
| XAT Exam Date | Jan 04, 2026 |
| XAT Result | Jan 15, 2026 (Tentative) |
|
8 Weeks Pre-Licensing Training for Surveyors |
Jan 19, 2026 – Jan 28, 2026 |
| 2 Weeks Pre-Licensing Training for Surveyors Registration Timeline |
July 01, 2026 – July 12, 2026 |
| Surveyor Final Practical Exam Registration | April 04, 2026 – April 16, 2026 Oct 01, 2026 – Oct 15, 2026 |
| Surveyor Final Practical Exam Date | May 02, 2026 Oct 31, 2026 |
NIA Pune Courses & Fees 2026
National Insurance Academy Pune offers one course at the postgraduate level. NIA Pune course includes a Postgraduate Diploma in Management. National Insurance Academy Pune PGDM include 55% management subjects and 45% insurance subjects. NIA Pune offers 180 seats annually for students. Details of the course and Fees are given below:
| Courses | Specialization | Admission Criteria | Fees |
|---|---|---|---|
| PGDM | Management | Eligibility: A Graduation degree from any recognised university with a minimum 50% for the General Category and 45% for the SC/ST/DA category. Age Limit: 28 years for General, EWS, OBC-NC candidates and 30 years for SC/ST/PWD candidates as on 1st July 2026 |
INR 12,00,000 |
Note:
- The selection criteria for the PGDM course include CAT/CMAT/XAT score, which is given 50% weightage in the final merit list, GD/PI score, which has 30% weightage in the final merit list, and Past Academic Records (20% weightage), along with relevant work experience at the time of the interview.
- Hostel & Boarding Charges: INR 2 Lakhs for one year.
- NIA Pune has a seat intake of 180 for the PGDM program.
NIA Pune Admissions 2026
NIA Pune Admission 2026 for PGDM is through CAT 2025 or XAT 2026, or CMAT 2026 entrance exam scores. Candidates have to apply for admission by March 15, 2026. Applicants will be shortlisted based on eligibility, entrance exam scores, and academic record. Shortlisted candidates will undergo a Group Discussion (GD) and a Personal Interview (PI).
NIA Pune Final Selection is calculated as shown below in the table.
| Criteria | Sub Criteria | Weightage for marks | Max. Marks | Marks secured |
|---|---|---|---|---|
| Past academic record | 10th Class | 2% | 2 | The candidate shall earn weightage in the same ratio in which his/her actual percentage marks in that examination stand in relation to 100. |
| 12th Class | 4% | 4 | ||
| Graduation | 4% | 4 | ||
| CAT / CMAT / XAT | 50% | 50 | The CMAT & XAT percentiles shall be converted to the equivalent of the CAT percentile as per the equivalence mentioned in the cut-off Table. 50% of the actual percentile so arrived at shall constitute the marks secured by that applicant. |
|
| GD and PI | GD | 15 % | 15 | Actual marks scored in the GD and PI, and knowledge of English |
| PI | 20 % | 20 | ||
| Work Experience | 5% | 5 | Work experience of more than one year will be considered |
Candidates who are eligible for the PGDM program are allowed to undertake an online application process. The following admission process is as follows:
- Step 1: Visit the Official Website of the Institute (www.niapune.org.in)
- Step 2: Register with a valid username and Email ID and log in with your account
- Step 3: Fill out the application form for the course you want to join.
- Step 4: Upload your photograph and other required documents.
- Step 5: Pay the application fee of INR 1260. Different modes of payment are available.
- Step 6: Shortlisted candidates will be called for further process (GD/PI)
- Step 7: Once selected, candidates are required to pay the course fee to confirm their seat.
NIA Pune Cutoff 2026
The expected cutoff for NIA Pune admission 2026 is as follows:
| Category | CAT | XAT | CMAT |
|---|---|---|---|
| General / EWS | 75 | 80 | 95 |
| NC-OBC / SC/ST/PWD | 70 | 75 | 90 |
NIA Pune Placements 2025
NIA Pune placements batch (2022-2025) recorded a 100% placement. National Insurance Academy Pune offers job opportunities to its final year PGDM students. NIA Pune placement cell provides 100% placement opportunities. National Insurance Academy Pune's highest package is Rs 20 lakh per annum, while NIA's average salary package is Rs 12.75 lakh per annum. As per Sanskruti’s Review placement of NIA Pune is Great. Placement highlights are as follows:
NIA Pune Placement Highlights
| Particulars | Placements statistics |
|---|---|
| Placement percentage | 100% |
| Placement Year | 2024-25 |
| Highest CTC (2023-2025) | INR 20 LPA |
| Median CTC (2023-2025) | INR 12.50 LPA |
| Average CTC (2023-2025) | INR 12.74 LPA |
| Top 10% Average CTC | INR 18 LPA |
| Top 50% Average CTC | INR 14.90 LPA |
| Top 75% Average CTC | INR 13.70 LPA |
| No. of PPOs Received | 72 |
| No. of Recruiters | 33 |
NIA Pune Highest Package Trends
| Particulars | Placements statistics |
|---|---|
| Highest CTC (2023-2025) | INR 20 LPA |
| Highest CTC (2022-2024) | INR 22 LPA |
| Highest CTC (2021-2023) | INR 18 LPA |
| Highest CTC (2020-2022) | INR 29 LPA |
NIA Pune Median Package Trends
| Particulars | Placements statistics |
|---|---|
| 2023-2025 | INR 11.70 LPA |
| 2022-2024 | INR 13 LPA |
| 2021-2023 | INR 8.5 LPA |
Top Companies at NIA Pune
| Bajaj Allianz General Insurance Company | ICICI Lombard General Insurance Company | GoDigit General Insurance Company | Liberty General Insurance Company |
| Future Generali General Insurance Company | SBI General Insurance Company | Tata AIG General Insurance Company | Kotak General Insurance Company |
| TATA AIA Life Insurance Company | HDFC Life Insurance Company | Marsh Insurance Brokers | Aditya Birla Insurance Brokers |
| Unilight Insurance & Reinsurance Brokers | Finsall Resources | Swiss Re | CARE Health Insurance Company, |
| Cognizant Technology Solutions, | L&T Infotech | Qatar Insurance Company | Orient PSJC Insurance Company, |
NIA Pune Scholarships 2026
The institute endeavours to help deserving candidates from different categories in pursuing management studies. NIA gives 9 scholarships of INR 1 lakh each to meritorious students, girl students and eligible students belonging to specified categories, including students belonging to economically weaker sections.
NIA Pune Awards and Ranking
- NIA received the B-school excellence award from Bloomberg/UTV
- NIA also received the “CSR Excellence in Education Award”.
- It also received the “CSR Top Institute of India Award.”
- According to the NIRF Ranking, NIA Pune has ranked 101 out of 125 in the MBA category in India.
NIA Pune vs Welingkar Mumbai
| Basis of Difference | NIA Pune | Welingkar Mumbai |
|---|---|---|
| Established Year | 1980 | 1977 |
| Campus Area | 32 | 3.90 |
| Entrance Exam | MAT/XAT/CAT | MAT/XAT/CAT |
| Courses offered | PGDM | PGDM |
| Flagship Programs | PGDM | PGDM |
| Highest Package | INR 20 LPA | INR 40 LPA |
NIA Pune Campus Facilities
National Insurance Academy is spread over a 32-acre campus in the city of Pune on the Mumbai-Bengaluru highway, with greenery all around, providing an unmatched ambience along with high safety and security for the students. The institute has 10 Air-Conditioned lecture halls equipped with state-of-the-art facilities. Six of these classrooms are dedicated to PGDM Students. In addition, there are 8 syndicate rooms to facilitate group discussions, case studies, presentations and deliberations. Separate reading rooms are also available for the use of the students. Some other facilities of NIA Pune are listed below:
Convention Centre: NIA has a best-in-class auditorium with a seating capacity of 220, with an excellent audiovisual system.
Library: The institute has one of the few libraries in India having the choicest collection of books in life Insurance, non-life insurance and management areas. The reading room of this library is equipped with almost all national and international journals in Insurance, Actuarial Science, Pensions and related areas, including journals for general awareness and entertainment. A variety of research publications add further value to this already rich knowledge bank.
Computer Facilities: NIA has a Windows-based LAN, connected to State-of-the-art terminals spread all over the establishment. The Academy has an IT park classroom for IT training. Wi-Fi facility is available on the campus.
Insurance Labs: The academy fosters a unique concept known as Insurance Labs. There are a motor lab, marine lab and health lab for the students to get practical knowledge on related general insurance subjects.
Hostel: The student’s hostel “Sarvapalli” has fully furnished, spacious rooms. The hostels are separate for male and female students. It has 24 hours of uninterrupted power and water supply. Round-the-clock security is provided in the hostel and the rest of the campus. There is also an Internet facility with Wi-Fi connectivity for the students in the rooms. No Hostel allotment to Pune-based students.
Grievance Redressal Committee & Anti-Ragging Committee: The Academy is fully compliant with the regulations about “Establishment of Mechanism for Grievance Redressal Regulations, 2012 of AICTE & the Internal Complaint Committee. NIA follows anti-ragging regulations as per AICTE norms.
Health Care: There is a clinic where a doctor visits regularly and is also available on call. In addition, students have the benefit of Mediclaim and personal accident cover up to a specified amount under a group policy during the duration of the course.
Sports and Recreation: The multipurpose sporting complex has facilities for badminton, table tennis, billiards, a state-of-the-art gymnasium, sauna, Jacuzzi. There is a swimming pool in the sports complex. There is also an open ground for playing cricket, football and basketball.
Yoga & Meditation Hall: The institute has a separate Yoga and Meditation Centre on campus for the students.
Jogging Track and GIC Pathway: The 1.5 km jogging track encircling the campus is a wonderful way to breathe fresh air and hear the chirping of the birds. The GIC Pathway, close to the sporting complex, is a water-fed pathway with gravel
for acupressure therapy.
Banking and Postal Services: A branch of Bank of Maharashtra and a Post Office are located near the main gate of the campus for banking (Forex services also available) and postal needs, including an ATM facility.
The officials, including faculty working at NIA, live on the campus. Many festivals are celebrated with enthusiasm by the families of campus residents, including children, where the students also participate wholeheartedly. All cultural programmes involve all the residents of the campus, students & MDP participants.
NIA Pune FAQs
Ques. What is the profile provided by NIA through its PGDM course?
Ans. Being a joint venture of the top Insurance PSUs of the country, NIA has the potential to give exceptional exposure to its students. The course is similar to other PGDM courses but with a specialisation in Insurance subjects. Top Insurance companies come every year as recruiters here and offer a post of Administrative Officer to selected students.
Ques. Does NIA give opportunities for a Summer Internship to its students?
Ans. Yes, NIA provides Summer Internship opportunities to its students. Various companies come to the college to recruit for summer internship programmes as well.
Ques. How is the Faculty of NIA Pune?
Ans. NIA Pune has an exceptional faculty list. Being directly affiliated with the Ministry of Finance, students get a chance to come in touch with experienced leaders of the Insurance industry. The faculty comprises academicians and practitioners who are on the NIA campus on a full-time basis, in addition to regular visiting faculty.
Ques. Is NIA Pune internationally affiliated?
Ans. Yes, NIA has international affiliations with organisations like The Institute (USA), the Canadian Institute of Insurance, and CII (London).
Ques. What are the placement statistics of NIA Pune?
Ans. NIA Pune boasts a 100% placement record. The highest package offered by NIA Pune in the current year was 20 LPA.
Ques. Is a loan facility available for pursuing courses at NIA Pune?
Ans. Yes, Education loans are available from leading Public Sector and Private Banks under the Premier Institution Scheme.
Ques. Why should I join NIA Pune for its PGDM program?
Ans. The PGDM programme at National Insurance Academy has a unique blend of Management and Insurance subjects where emphasis is placed both on theory and practice. Students of NIA, on completion of PGDM, have an exemption from the Associateship examination conducted by the Insurance Institute of India based on specific criteria. This gives them an edge over others in gaining insurance knowledge and good placement through campus selection.
NIA has excellent infrastructure facilities for curricular, Co-curricular and extracurricular activities that include a library stocking over 25000 books and around 4000 + holdings and online journals on management and insurance.
The PGDM programme of NIA provides the students a practical exposure and the opportunity to interact with Regulators, CEOs of Insurance Companies and other Professional Bodies by involving them in several interactive Seminars, Conferences and Insurance Summits throughout the 2-year course.

![National Insurance Academy - [NIA]](https://image-static.collegedunia.com/public/college_data/images/logos/1767333667download24.jpg?h=71.7&w=71.7&mode=stretch)






.jpg)


.jpg)



.png?h=78&w=78&mode=stretch)













![MBA/PGDM | admission | 2024 | Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]](https://image-static.collegedunia.com/public/college_data/images/logos/1506323004Logo.jpg?h=72&w=72&mode=stretch)




![MBA/PGDM | admission | 2024 | Indian Institute of Management - [IIMC]](https://image-static.collegedunia.com/public/college_data/images/logos/1488950580d2.png?h=72&w=72&mode=stretch)








.jpg?h=90.56&w=161&mode=stretch)






.png?h=72&w=72&mode=stretch)





















Comments
Found 2 Comments
The total fee for the PGDM course at the NIA is INR 11 Lakhs. NIA Pune PGDM admission 2024 is based on scores of CAT-2023, XAT-2024, CMAT-2024. Selection process of the program is completed on the basis of Entrance Exam Scores, Academic Record, Group Discussion, Personal Interview and Work Experience.